Indonesia Salary Benchmark 2020 PDF

Indonesia
Salary Benchmark
Part of PageGroup
www.michaelpage.co.id
About
The Michael Page Salary Benchmark
is our annual salary report developed
to provide hiring managers and
candidates with salary references
across various industries by job
functions, including Finance,
Technology, Human Resources, Sales
and more.
The report also includes an overview
of market trends, hiring demands
and job seekers’ sentiments within
each industry. This year’s Michael
Page Salary Benchmark is available
in 13 markets across the Asia Pacific:
Australia, Hong Kong, India, Indonesia,
Japan, Mainland China, Malaysia,
New Zealand, Philippines, Singapore,
Taiwan, Thailand and Vietnam.
Report methodology
The Michael Page Salary Benchmark
is derived from 5,000 data points in
our proprietary data and network
in Indonesia, which includes job
advertisements and placements made
between July 2018 and June 2019,
incorporating salary projections for
2020, the Job Applicant Confidence
Index, insights from our business
leaders, our recruiters’ interactions
with companies and industry
professionals, as well as other
supplemental information from our
various studies were also taken into
consideration.
This year, the salary figures are
represented by the minimum,
maximum and median where median
is a representation of the middle-most
value in a set of data, arranged in
ascending order. This means that, half
the people who work in a specific field
earns less than the median salary from
the minimum, while the other half earns
more towards the maximum.
Michael Page Indonesia Salary Benchmark 2020 | 2

Contents
Job Applicant Confidence Index.................................................. 5
Infographic: What is the Indonesia workforce thinking? �� 6
Business & Financial Services �� 8
Consumer & Retail .................................................................... 13
Digital & Technology.................................................................. 20
Energy & Natural Resources �� 25
Industrial & Manufacturing �� 28
Property & Construction ��36

Indonesia sets its sails towards
the hiring fast lane
With promising We enter this new decade at an exciting
moment for Indonesia. Despite what we
Thankfully, our successful Membangun
Negeri campaign for returning
fundamentals see as short-term storm clouds for the
global economic landscape, the Republic
Indonesians continues to net positive
results for us in terms of the talent
for growth and has successfully seen its Presidential
election cycle pass, with a result widely
pipeline. That said, whether you head a
technology-driven SME or a long-
investment, viewed as positive in terms of quickly standing conglomerate firm here, it is still
returning to the economic good news a market where your hiring strategy
Indonesia is rightly story that has dominated the last decade. needs to be well-honed. We strongly
Coming off a 10-year average annual recommend our new insights on
embracing a wave GDP growth of 4.8% and with promising Employee Experience (EX) for Indonesia
of optimism. fundamentals in terms of macro-

economic stability, market size and
within this report, and carefully consider
the story you tell about the company,
demographic profile, Indonesia is rightly your leadership philosophy, where you
Olly Riches
embracing a wave of optimism and see your new hire fitting in to an exciting
President Director
investment that should propel the country decade of growth ahead.
Michael Page Indonesia
to new heights in the decade to come.
From Jakarta, we’ve keenly observed
new investments, such as the recent
mass rapid transit (MRT) launch and the
rise in hiring demand from trending
sectors like mobile and gaming.
Furthermore, Indonesia recently
welcomed yet another unicorn business
(defined as privately held start-ups valued
at over US$1 billion), the fifth such
company in the Republic. While these are
all positive in terms of the hiring market,
we remain short of match-ready talent in
the top roles.

THE MICHAEL PAGE JOB APPLICANT CONFIDENCE INDEX
A measure of how optimistic job applicants in Indonesia are about the job market.
58% ARE INCLINED TO

WORK OVERSEAS IN 2020
73% BELIEVE THEY
WILL TAKE LESS THAN
THREE MONTHS
TO FIND A NEW JOB vs 73% in 2019
61% FORESEE THEMSELVES

HAVING BETTER CAREER
PROGRESSION IN 2020 vs 75% in 2019
73% ARE POSITIVE ABOUT

THE JOB MARKET vs 83% in 2019

What is the
Indonesia workforce
thinking?
40%
97%
of the Indonesian workforce
feel they have autonomy at of respondents feel they have
work no freedom at all to have a
break during work hours
their personal contribution is

impactful to the company and 1 in 3 claim they
have no flexibility to work
outside their office
86%
of professionals in
Indonesia reportedly OBJECTIVES OF A
work in a LEADERSHIP TEAM
HARMONIOUS WORKPLACE MOST IMPORTANT
48%
LEAST IMPORTANT
with the top
Collaborative
94%
traits listed:
Problem solving Having a

CLEAR DIRECTION PROFIT AND
AND VISION REVENUE
Empathetic
PROFESSIONAL DEVELOPMENT
30%
of repondents say their
26%
of the Indonesia
management team did not take workforce say their
the effort to get to know them company neglected
on a personal level their professional
coaching and
development
80%
of professionals from non-tech
industries feel their COMPANY
IS WELL ADAPTED TO DIGITAL
30%
respondents feel their
TRANSFORMATION potential was not maximised

MOST IMPORTANT SOFT SKILLS
Directors & above Entry to Middle Management
Change management 1 Communication
Conflict management 2 Building relationships
Communication 3 Conflict management
RETENTION
Respondents say they
23% of respondents
feel they were
would have stayed in their UNFAIRLY APPRAISED

last company if and were not given opportunities to voice out
respondents born their opinions at work
GEN X between 1965 and 1980
Employee engagement was strengthened SAYING GOODBYE

A monetary raise was offered Here are the top factors:
1 A better opportunity
A promotion in job title was offered somewhere else
2 Unhealthy work culture
91%
respondents born
MILLENNIALS between 1981 and 1996 3 Misaligned leadership style
Training and development plans were

scheduled do not consider
unsatisfactory
A promotion in job title was offered monetary benefits
as the top reason
Employee engagement was strengthened to leave their job
5 TOP CONSIDERATIONS WHEN

ACCEPTING A NEW JOB
92%
1 Work culture and team dynamics claim they WOULD GIVE THE
MANAGEMENT HEADS UP
2 Employee benefits
before their official resignation
3 New challenges and industry exposure
4 Maximisation of skills and abilities 94%

would give HONEST
5 Monetary benefits
REASONS for leaving

Business & Financial Services
Top 3 hiring trends
1. Investment and asset 2. Hiring demand is high 3. D
igitisation and fintech
management firms for wholesale, corporate continue to open up
are raising headcount, and commercial banking opportunities within the
especially for research talent. retail sector.
departments.
Most active hiring functions
Finance & Accounting Corporate & Digital Legal

Wholesale Banking
Trending skills
Alternative Life
Fintech
investments insurance
Roles in demand
25%
• Fintech Specialist
• Fixed Income Market Specialist
average salary increase
• Compliance Manager when switching jobs
within similar industries
• Risk Manager
• Relationship Manager

Business & Financial Services Salary Tables
C-Suite
Gross base salary range per month (IDR in MIL)
Role Min Median Max
Chief Executive Officer 150 250 500
Chief Financial Officer 95 130 400
Finance & Accounting

Accounting
Role Min Median Max
Cost Manager 40 80 120
Audit & Control

Role Min Median Max
Senior Audit Manager 30 50 70
Head of Internal Audit 50 100 150
Financial Controller 30 50 90
Head of Credit Control 30 80 150
Assurance, Compliance & Risk Management

Role Min Median Max
Know Your Customer (KYC) Associate 15 20 25
Compliance Manager 20 30 40
Head of Compliance 50 75 100
Risk Executive 20 30 60
Head of Risk 80 150 250
Risk Director 80 150 250
Finance
Role Min Median Max
Finance Manager 25 40 60
Senior Finance Manager 35 50 70
Head of Finance 70 95 120

Financial Analytics
Role Min Median Max
Equity Analyst 15 23 30
Financial Services
Role Min Median Max
Equity Sales Associate 20 62 100
Fund Manager 30 80 150
Relationship Manager (Retail) 10 33 50
Relationship Manager (Wealth) 15 68 120
Relationship Manager (Corporate) 15 68 120
Bank Branch Manager (Retail) 30 36 40
Vice President Retail Banking 60 80 100
Human Resources (HR)

HR Generalist
Role Min Median Max
Head of HR 65 73 150
HR Business Partner (HRBP) 30 35 40
Talent Management
Role Min Median Max
Recruitment Manager 15 17 20
Talent Acquisition Manager 20 22 25
Head of Learning and Development 70 85 100

IT
Data Management & Analytics
Role Min Median Max
Development Manager 25 29 35
Head of Data Analytics 68 77 86
General
Role Min Median Max
IT Chief 59 71 84
Product
Role Min Median Max
Product Manager 35 39 45
Legal
Role Min Median Max
Legal Manager 35 37 40
Legal Counsel 50 53 60
Assistant Legal Compliance Manager 19 20 25
Head of Legal 75 81 110
Corporate Secretary 65 70 85
Marketing
Design
Role Min Median Max
Graphic Designer 15 17 20

Digital
Role Min Median Max
Digital / E-commerce Manager 30 40 50
Marketing Generalist
Role Min Median Max
Marketing Manager 40 45 50
Head of Marketing 80 90 100
Sales
Business Development
Role Min Median Max
Business Development Manager 30 34 40
Senior Business Development Manager 30 36 40
Head of Business Development 50 80 120
Sales Generalist
Role Min Median Max
Centre Manager 20 21 24
General Manager Sales 35 41 45
Senior Sales Manager 35 43 50
Head of Sales 40 43 50
Sales Director 60 66 70
Country Sales Director / Vice President 70 95 125
Business Consultant 50 61 70

Consumer & Retail
Top 3 hiring trends
1. Efficiencies, e-commerce 2. Chinese investments are 3. B
eauty industry
and digital transformation pouring in, especially continues its ascend,
are three main focal in the electronics burgeoned by social
points for MNCs in this and consumer goods media and presence of
space. sectors. global brands.
Marketing Finance Sales Technology
Trending skills
Product Management
Digital and
campaigns and of large
e-commerce
launches businesses
Roles in demand
25%
• Brand Manager
• Channel / Business Development Manager
• Digital Manager when switching jobs
• Key Account Manager

• Commercial Finance Manager

Consumer & Retail Salary Tables
C-Suite
Role Min Median Max

Accounting
Role Min Median Max
Cost Accountant 20 23 25
Accounting Manager 40 50 60
Control
Role Min Median Max
Finance
Role Min Median Max
Financial Analyst
Role Min Median Max
Financial Analyst 18 25 30
Tax
Role Min Median Max
Tax Manager 35 50 60

Engineering & Manufacturing

Engineering
Role Min Median Max
Engineer 15 17 20
Engineering Manager 33 36 44
Maintenance
Role Min Median Max
Maintenance Manager 16 17 18
Head of Maintenance 29 30 33
Project Management
Role Min Median Max
Assistant Project Manager 15 16 18
Project Manager 33 38 43

Role Min Median Max
HR Business Partner (HRBP) Manager 35 38 45
Talent Management Manager 40 42 45
Head of Talent Acquisition 40 46 50
Head of HR (Retail) 40 45 65
Head of HR (Consumer) 80 90 100
IT
General
Role Min Median Max
IT Manager 25 29 32
Head of IT 40 50 60

Legal
Role Min Median Max
Senior Legal Counsel 35 41 55
Legal Director 85 97 110
Marketing
Brand Management
Role Min Median Max
Assistant Brand Manager 10 14 18
Brand Manager 18 27 35
Senior Brand Manager 30 40 50
Communications
Role Min Median Max
Marketing Communications Manager 20 30 40
Customer Relationship Management (CRM)

Role Min Median Max
CRM Manager 20 25 30
Digital & Social Media

Role Min Median Max
Social Media Manager 18 22 25
Digital Marketing Manager 25 38 50
Head of Digital Marketing 60 80 100

Consumer Research & Marketing Insight

Role Min Median Max
Research Manager 20 28 35
Consumer Research and Market Insights

30 45 60
Manager
Innovation Manager 25 43 60
Go-to-market
Role Min Median Max
Trade Marketing Manager 18 25 32
Head of Trade Marketing 60 80 100
Role Min Median Max
Marketing Coordinator 20 21 22
Marketing Director 100 150 350
Procurement & Supply Chain

Logistics
Role Min Median Max
Logistics Manager 25 26 30
Procurement
Role Min Median Max
Head of Sourcing 70 80 100

Supply Chain Management

Role Min Median Max
Planning Manager 17 18 20
Supply Planner 17 21 23
Inventory Manager 25 27 30
Director Supply Chain 100 103 110
Property, Construction & Facilities Management

Role Min Median Max
Facilities Manager 25 27 30
Retail
Design
Role Min Median Max
Junior Designer 15 23 30
Merchandising
Role Min Median Max
Merchandising Manager 20 30 40
Store Management
Role Min Median Max
Retail Manager 35 43 50
Store Manager 20 30 40
General Manager Store Management 60 70 80

Sales
General Trade
Role Min Median Max
Area Sales Manager 15 20 25
Branch Sales Manager 20 28 35
Regional Sales Manager 25 38 50
Head of Channel Sales 40 55 70
National Sales Manager 50 65 80
Country Sales Manager 100 175 250
Business Director 100 110 120
Trade Marketing Manager 30 40 50
Modern Trade
Role Min Median Max
Key Account Manager 15 20 25
Senior Key Account Manager 25 33 40
National Key Account Manager 40 50 60
Specialty Channel
Role Min Median Max
E-commerce Manager 25 43 60
Sales Manager 25 38 50
Head of Servicing 60 75 90

Digital & Technology
Top 3 hiring trends
1. Unlike the P2P / I2P 2. Agritech, logistics, 3. Demand
is high for data
lending, the digital education and scientists, cybersecurity
payment space healthcare are all high- experts, engineers and
now presents more growth sectors for product managers.
opportunities for candidates.
candidates.
Engineering Sales Marketing
Trending skills
Artificial
Data Intelligence (AI)
Digitalisation
analytics and machine
learning
Roles in demand
15-50%
• Head of Engineering
• Head of Digital
• Data Analyst when switching jobs
• Digital Marketing Manager

• Product Manager

Digital & Technology Salary Tables
Engineering
Role Min Median Max
Head of Engineering 50 117 120
Vice President Engineering 100 129 150
General & Project Management

Role Min Median Max
Head of Project Management 50 63 75

Control
Role Min Median Max
Finance
Role Min Median Max
Financial Analyst
Role Min Median Max
Financial Analyst 15 20 25
Tax & Treasury

Role Min Median Max
Tax Accountant 20 22 25
Head of Treasury 96 107 120

IT
Data Management & Analytics
Role Min Median Max
Data Center Manager 30 45 60
Vice President Data Science 30 50 70
Development & Architecture

Role Min Median Max
Director Digital Architecture 55 67 80
General
Role Min Median Max
IT Manager 25 29 32
Product
Role Min Median Max
Senior Product Manager 35 48 60
Software
Role Min Median Max
Software Developer 15 25 35
Technology Lead 20 35 50
Systems
Role Min Median Max
Systems Engineer 20 22 25

Legal
Role Min Median Max
Legal Director 80 95 110
Vice President Government Relations 80 91 100
Marketing
Communications
Role Min Median Max
Content Creator 12 16 22
Head of Communications 35 50 100
Digital
Role Min Median Max
Digital Marketing Manager 25 37 50
Role Min Median Max
Strategy & Analysis

Role Min Median Max
Strategy Manager 60 80 100

Sales
Account Management
Role Min Median Max
Account Manager 20 27 35
Role Min Median Max
Sales Generalist
Role Min Median Max
Sales Executive 10 12 15
Country Sales Manager 80 113 150
Strategy & Analysis

Role Min Median Max
Head of Partnership 40 56 70

Energy & Natural Resources
Top 3 hiring trends
1. With more drilling 2. European investments 3. Mining
industry is in
operations come a high are driving up demand holding position due
demand for talent with for fresh talent in to various government
technical expertise in renewable energy. regulations around
the oil and gas industry. environmental impact.
Engineering & Finance Legal Sales

Manufacturing
Trending skills
Renewable Retail
Route-to-market
energy consumer
strategy
specialisation sales
Roles in demand
• Construction Manager
• Project Manager 10-15% average salary increase
when switching jobs
• Environment, Health and Safety Manager within similar industries
• Engineering Manager
• Cost Accountant

Energy & Natural Resources Salary Tables

Accounting
Role Min Median Max
Consolidation Manager 20 27 30
Finance
Role Min Median Max
Tax
Role Min Median Max

Engineering
Role Min Median Max
Civil Engineer 20 25 30
Mechanical Engineer 20 27 35
Electrical Engineer 20 27 35
Instrument & Control Engineer 20 27 35
Utility Engineer 20 27 35
Mining Engineer 25 32 40
Petroleum Engineer 25 32 40
Process Engineer 30 50 70

Energy & Natural Resources Salary Tables
Environment, Health & Safety (EHS)

Role Min Median Max
EHS Manager 30 36 50
Project Management
Role Min Median Max
Project Director 70 88 100
Legal
Role Min Median Max
Senior Legal Counsel 65 72 85
Sales
Account Management
Role Min Median Max
Role Min Median Max
Senior Business Development Manager 35 53 70
Sales Generalist
Role Min Median Max

Industrial & Manufacturing
Top 3 hiring trends
1. Government initiatives 2. European and 3. Chinese
and Korean
are driving up demand Southeast Asian firms manufacturing firms are
for chemical, material are looking to recruit looking for talent with
and heavy equipment key roles across the relevant language skills.
businesses. manufacturing sector.
Procurement & Sales Marketing Human Resources

Supply Chain
Trending skills
Experience
in emerging Plant
sectors such as operations Ability to
automotive parts, outside of upskill
chemical, plastics
Jakarta
and renewable
energy
Roles in demand
15-25%
• Plant Director
• Operations Manager
• Maintenance Manager when switching jobs
• Logistics Manager
• Procurement Manager

Industrial & Manufacturing Salary Tables
C-Suite
Role Min Median Max

Engineering
Role Min Median Max
Engineer 10 13 20
Senior Engineering Manager 40 53 65
Environment, Health & Safety (EHS)

Role Min Median Max
EHS Manager 23 25 31
Facilities & Maintenance

Role Min Median Max
Plant Controller 30 33 40
Plant Manager 40 51 60
Plant Director 50 71 100
Maintenance
Role Min Median Max
Senior Maintenance Engineer 15 21 25
Head of Maintenance 25 33 40
Process
Role Min Median Max
Process Engineer 15 19 25

Production & Manufacturing

Role Min Median Max
Production Manager 15 19 25
Senior Production Manager 20 32 40
Manufacturing Manager 36 39 45
Manufacturing Director 80 97 120
Project Management
Role Min Median Max
Quality Assurance (QA)

Role Min Median Max
Assistant QA Manager 20 22 25
Senior QA Manager 34 38 44
Test
Role Min Median Max
Test Manager 20 27 35

Accounting
Role Min Median Max
Senior Accountant 12 15 18
Assistant Accounting Manager 25 30 35
Accounting Manager 30 40 50
Head of Accounting 50 60 70

Audit & Control

Role Min Median Max
Business Controller 30 35 40
Internal Audit Manager 30 35 45
Assistant Finance Controller 43 45 52
Finance Controller 55 58 65
Finance
Role Min Median Max
Finance Executive 17 18 20
Finance Business Partner 35 50 55
Financial & Business Analytics

Role Min Median Max
Business Analyst 28 30 33
Pricing Manager 40 41 45
Tax
Role Min Median Max
Tax Accountant 18 19 23
Assistant Tax Manager 20 25 30
Head of Tax 50 61 70
Human Resources
Compensation & Benefits (C&B)
Role Min Median Max
C&B Manager 40 43 50

Human Resources (HR) Generalist

Role Min Median Max
HR Manager 20 21 24
Head of HR 70 77 90
IT
Role Min Median Max
Head of IT 35 45 65
Legal
Compliance
Role Min Median Max
Assistant Compliance Manager 15 17 20
Compliance Manager 25 31 35
General
Role Min Median Max
Government Relations Manager 35 39 45
Legal Counsel 35 41 45
Marketing
Brand Management
Role Min Median Max
Brand Manager 30 40 45

Role Min Median Max
Marketing Coordinator 12 13 15
Marketing Officer 15 16 18
Assistant Marketing Manager 20 22 25
Marketing Director 50 56 70
Research
Role Min Median Max
Head of Research 40 45 50

Logistics
Role Min Median Max
Logistics Coordinator 10 11 15
Logistics Manager 25 38 50
Operations
Role Min Median Max
Operations Director 70 87 100
Procurement & Purchasing

Role Min Median Max
Assistant Procurement Manager 15 21 25
Procurement Manager 25 29 35
Procurement Director 80 99 120
Purchasing Manager 40 51 60
Head of Purchasing 50 63 80

Supply Chain Management

Role Min Median Max
Supply Chain Manager 25 33 45
Property, Construction & Facilities Management

Role Min Median Max
Sales
Account Management
Role Min Median Max
Account Manager 35 40 50
Role Min Median Max

Sales Generalist
Role Min Median Max
Sales Engineer 15 18 21
Senior Sales Engineer 18 22 25
Senior Sales Manager 35 40 45
Area Sales Manager 15 20 25
Lane Sales Manager 20 22 25
Acquisition Manager 25 27 35
Assistant Training Manager 17 18 18
Training Manager 25 26 30
Sales Operations
Role Min Median Max
Operations Manager 40 43 50

Property & Construction
Top 3 hiring trends
1. Construction companies 2. More government 3. Demand
is high for
are now encouraged to projects are expected in business development
embrace various digital the sector, both on the talent among property
systems in view of renewable and non- developers.
Industry 4.0. renewable front.
Sales Marketing Finance Legal
Trending skills
Mixed civil Sale of
PMP
and design commercial
certified
experience buildings
Roles in demand
20-35%
• Chief Executive Officer
• Project Director
• Head of Sales when switching jobs
• Design Director
• Head of Business Development

Property & Construction Salary Tables
C-Suite
Role Min Median Max
Chief Executive Officer 120 137 200
Chief Investment Officer 150 175 200
Chief Operating Officer 120 145 170

Accounting
Role Min Median Max
Senior Accounting Manager 30 35 38
Finance
Role Min Median Max
Finance Director 80 91 100
Tax
Role Min Median Max


Engineering
Role Min Median Max
Mechanical / Electrical / Plumbing Manager 25 27 30
Structural Engineer 15 20 25
Structural Manager 25 32 40
Civil Engineer 15 20 25
Site Manager 25 30 35
Construction Manager 35 42 50
Technical Director 90 110 130
Facilities Engineer
Role Min Median Max
Facilities Engineer 15 17 20
Facilities Manager 23 26 30
General & Project Management

Role Min Median Max
Project Director 80 130 180
Managing Director Project Management 100 140 180

Role Min Median Max
Head of HR 90 93 100
Legal
Role Min Median Max
Chief of Legal and Corporate Secretary 65 82 100

Marketing
Communications
Role Min Median Max
Senior Communications Manager 35 40 45
Design
Role Min Median Max
Design Director 105 132 160
Digital
Role Min Median Max
Senior Digital Marketing Manager 20 27 35

Procurement
Role Min Median Max
Procurement Manager 30 35 35
Sales
Role Min Median Max
Sales Generalist
Role Min Median Max

INDONESIA
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Indonesia
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Michael Page Indonesia Salary Benchmark 2020 | 2

Infographic: What is the Indonesia workforce thinking? ��������������� 6

Business & Financial Services ����������������������������������������������������� 8

Consumer & Retail .................................................................... 13

Digital & Technology.................................................................. 20

Energy & Natural Resources ����������������������������������������������������� 25

Industrial & Manufacturing ��������������������������������������������������������� 28

Property & Construction ������������������������������������������������������������36

Michael Page Indonesia Salary Benchmark 2020 | 3

of optimism. fundamentals in terms of macro-

Michael Page Indonesia Salary Benchmark 2020 | 4

58% ARE INCLINED TO

61% FORESEE THEMSELVES

73% ARE POSITIVE ABOUT

Michael Page Indonesia Salary Benchmark 2020 | 5

their personal contribution is

HARMONIOUS WORKPLACE MOST IMPORTANT

Problem solving Having a

Michael Page Indonesia Salary Benchmark 2020 | 6

Directors & above Entry to Middle Management

Change management 1 Communication

Conflict management 2 Building relationships

Communication 3 Conflict management

would have stayed in their UNFAIRLY APPRAISED

Employee engagement was strengthened SAYING GOODBYE

2 Unhealthy work culture

Training and development plans were

5 TOP CONSIDERATIONS WHEN

4 Maximisation of skills and abilities 94%

Michael Page Indonesia Salary Benchmark 2020 | 7

Most active hiring functions

Finance & Accounting Corporate & Digital Legal

Michael Page Indonesia Salary Benchmark 2020 | 8

Role Min Median Max

Chief Executive Officer 150 250 500

Chief Financial Officer 95 130 400

Finance & Accounting

Role Min Median Max

Cost Manager 40 80 120

Audit & Control

Role Min Median Max

Senior Audit Manager 30 50 70

Head of Internal Audit 50 100 150

Head of Credit Control 30 80 150

Assurance, Compliance & Risk Management

Role Min Median Max

Know Your Customer (KYC) Associate 15 20 25

Head of Compliance 50 75 100

Head of Risk 80 150 250

Risk Director 80 150 250

Role Min Median Max

Senior Finance Manager 35 50 70

Head of Finance 70 95 120

Michael Page Indonesia Salary Benchmark 2020 | 9

Role Min Median Max

Role Min Median Max

Equity Sales Associate 20 62 100

Fund Manager 30 80 150

Relationship Manager (Retail) 10 33 50

Relationship Manager (Wealth) 15 68 120

Relationship Manager (Corporate) 15 68 120

Bank Branch Manager (Retail) 30 36 40

Infographic: What is the Indonesia workforce thinking? �� 6

Business & Financial Services �� 8

Energy & Natural Resources �� 25

Industrial & Manufacturing �� 28

Property & Construction ��36